Sierra Bancorp
BSRR
79 hedge funds and large institutions have $128M invested in Sierra Bancorp in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 33 increasing their positions, 20 reducing their positions, and 7 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 20
12% more capital invested
Capital invested by funds: $114M → $128M (+$13.8M)
1% less funds holding
Funds holding: 80 → 79 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
Top Sellers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.49M |
| 2 |
UM
Ulysses Management
New York
|
-$1.34M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$756K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$662K |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$578K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NSIM
76
North Star Investment Management
Chicago,
Illinois
| $3K | – | – | – |
|
77
Creative Planning
Overland Park,
Kansas
| $2K | +$1.78K | +100 | New |
|
78
Barclays
London,
United Kingdom
| $1K | +$1.3K | +73 | New |
|
|
TCIM
79
TIAA CREF Investment Management
New York
| $916 | -$22.5K | -1,263 | -3% |
|
|
UM
80
Ulysses Management
New York
| – | -$1.34M | -80,174 | Closed |
|
|
TC
81
TFS Capital
West Chester,
Pennsylvania
| – | -$756K | -45,291 | Closed |
|
|
DC
82
Deere & Company
Moline,
Illinois
| – | -$278K | -16,672 | Closed |
|
|
BCM
83
Basswood Capital Management
New York
| – | -$243K | -14,530 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$21K | -1,304 | Closed |
|
|
BJ
85
BlackRock Japan
Tokyo,
Japan
| – | -$7K | -405 | Closed |
|
86
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -115 | Closed |
|
BSRR Hedge Fund Activity: Q3 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sierra Bancorp (BSRR) for Q3 2016, worth a combined $128M — up 12% from $114M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BSRR and 6 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 33 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.82M. The largest seller was Royal Bank of Canada, cutting an estimated $1.49M.
- 79 institutional investors held Sierra Bancorp (BSRR) as of Q3 2016, down from 80 in Q2 2016.
- Funds reported $128M of Sierra Bancorp stock for Q3 2016, up 12% quarter-over-quarter.
- 6 funds opened new Sierra Bancorp positions in Q3 2016 and 7 closed out, a net change of -1 holder.
- The largest Sierra Bancorp buyer in Q3 2016 was Kennedy Capital Management, an estimated $1.82M added.
- The largest Sierra Bancorp seller in Q3 2016 was Royal Bank of Canada, an estimated $1.49M sold.
Based on aggregated 13F filings for Q3 2016.